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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Bullboard Posts
Comment by Contrarian333on Oct 12, 2019 7:43am
285 Views
Post# 30225003

RE:Instability in Cuba

RE:Instability in CubaYes the US harassment of Cuba is a problem for some parts of Sherritt business but not the nickel business based on the way the cash flow stream works. Sherritt is NOT reliant on the Cubans to pay them in the nickel business. Furthermore Sherritt has their own third party sources of fuel for their Moa operations. More of a perception problem than anything else. Sherritt priorities will be liquidity and extending debt maturities. Improved nickel prices will assist with both. TD was out with a piece this week saying there is 40 points of upside in the Sherritt bonds given improving cash flows. Bond price improvements will have a positive impact on the share price. 
Bullboard Posts